SME News
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2020-04-30
Small businesses happy to operate on full scale
PETALING JAYA: Small businesses that have gotten the approval to operate during the movement control order (MCO) period can breathe a sigh of relief as they are now allowed to operate at full capacity. This means that there is no restriction on th...
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2020-04-30
Construction sector’s MCO phase one shutdown dealt RM11.6b blow to Malaysian economy, says senior minister
KUALA LUMPUR, April 30 — Malaysia’s economy suffered about RM11.6 billion in losses, after the construction sector was shut down during the first phase of the movement control order (MCO), Senior Minister Datuk Seri Fadillah Yusof said. ...
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2020-04-30
Implement Covid-19 Act, business associations urge
KUALA LUMPUR: The business communities have urged the government to consider implementing a Malaysian version of Covid-19 Act temporarily until the end of the year. Malaysia Retail Chain Association (MRCA) auditor Datuk Seri Raymond Liew said the ...
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2020-04-30
Sunway Group acquires stake in Credit Bureau Malaysia
Sunway Berhad, via its 100% subsidiary, Sunway Holdings, is acquiring a 51% stake in Credit Bureau Malaysia (CBM). Upon completion of the acquisition, Credit Guarantee Corporation Malaysia Berhad (CGC) and Sunway Holdings will be the two (2) sharehol...
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2020-04-30
Businesses press Putrajaya for legal shield against contract breaches caused by MCO, Covid-19
KUALA LUMPUR, April 29 — A coalition of various business associations and trade bodies urged the government to urgently enact a law that would protect companies including small and medium enterprises against their inability to honour legal cont...

